Stock of the Day for January 11, 2025

Fortinet Stock Report

Fortinet
FTNT 90-day performance NASDAQ:FTNT Fortinet
Current Price
$79.68
-1.21 (-1.50%)
(As of 09/12/2025 04:00 PM ET)
30 Day Performance
0.72%
  
 
90 Day Performance
-21.84%
  
  
1 Year Performance
6.23%
  
 
Market Capitalization
$61.06B
P/E Ratio
31.75
Price Target
$97.03

About Fortinet

Fortinet, Inc. is a global cybersecurity company headquartered in Sunnyvale, California. Since its founding in 2000 by brothers Ken Xie and Michael Xie, the firm has focused on delivering integrated and automated security solutions that protect data, devices, applications and connections. Fortinet’s flagship product, the FortiGate next-generation firewall, combines high-performance network security with granular control and threat intelligence, allowing organizations to detect and respond to attacks in real time.

Beyond firewalls, Fortinet’s product portfolio encompasses a broad range of hardware, software and cloud-based offerings. These include FortiGuard security services for threat prevention, FortiAnalyzer for analytics and reporting, FortiManager for centralized management, and FortiClient for endpoint protection. The company also provides secure SD-WAN, secure access service edge (SASE) and zero-trust network access (ZTNA) solutions, enabling enterprises to extend consistent security policies across on-premises, data center and cloud environments.

Fortinet serves customers in more than 100 countries across the Americas, Europe, the Middle East, Africa and the Asia-Pacific region. Its solutions are deployed by enterprises, service providers, government agencies, educational institutions and small and midsize businesses. To support its global footprint, Fortinet maintains regional offices, technology and training centers, and a network of channel partners and managed security service providers (MSSPs).

At the helm of Fortinet is co-founder Ken Xie, who serves as Chief Executive Officer and Executive Chairman. Michael Xie, also a co-founder, holds the role of Chief Technology Officer, driving the company’s research and development efforts. Under their leadership, Fortinet has expanded its security fabric architecture to address evolving threats and has established a reputation for delivering scalable, high-performance cybersecurity technologies.

FTNT Company Calendar

AUG. 6, 2025
Last Earnings
SEP. 14, 2025
Today
NOV. 6, 2025
Next Earnings (Estimated)
DEC. 31, 2025
Fiscal Year End

Recent Fortinet News

Swedbank AB Sells 945,650 Shares of Fortinet, Inc. $FTNT
Voya Investment Management LLC Has $214.05 Million Stake in Fortinet, Inc. $FTNT
Sheets Smith Investment Management Sells 4,004 Shares of Fortinet, Inc. $FTNT
Inspire Investing LLC Raises Position in Fortinet, Inc. $FTNT
Ascent Group LLC Invests $353,000 in Fortinet, Inc. $FTNT
Ellsworth Advisors LLC Makes New Investment in Fortinet, Inc. $FTNT
SCS Capital Management LLC Acquires New Position in Fortinet, Inc. $FTNT
Fortinet Inc. stock outperforms competitors despite losses on the day
This report was written by MarketBeat.com on September 14, 2025. This report first appeared on MarketBeat.com.